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Old 02-19-2009, 04:54 PM
topsites topsites is offline
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Join Date: Mar 2005
Location: Richmond Virginia
Posts: 21,677
Quote:
Originally Posted by delphied View Post
If someone invests the time and money into a business and cant afford to buy a new truck if they want it. Maybe its time for another line of work?
The question folks like that should be asking themselves, is how do we consider a loan something anybody can afford?
Do folks just look at the monthly payment and figure that's not so bad?

How do they justify 50 thousand dollars for a vehicle they won't drive for 10 years?
Even if they did drive it for 10 years we're talking 5 thousand a YEAR!
And they won't have it 10 years because folks like that, 3-4 years and they get another.

Then they need FULL coverage insurance for a vehicle that's in hock, yes, the bank requires it.

We haven't touched on maintenance.

Last edited by topsites; 02-19-2009 at 05:04 PM.
 
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